Author： Blanc Alquier A. M. Lagasse Tignol M. H.
Publisher： Taylor & Francis Ltd
ISSN： 1366-5871
Source： Production Planning and Control, Vol.17, Iss.3, 2006-04, pp. : 273-282
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Abstract
Risk management is a major issue for companies. But risk and risk management, although a sensitive and current subject, are rather ill-defined, which cause difficulties to companies, and specifically small- and medium-sized enterprises (SMEs). The research presented proposes an innovative and generic approach based on fundamental hypotheses: • Risk is the most powerful driver and issue in industrial activities and management by risk is a high level management approach integrating all other company preoccupation. • Management by risk is a global process, and a driver for business process innovation. Its deployment needs to be supported by a knowledge base coupled to a decision support system. This approach has been developed notably through the European project PRIMA (Project RIsk MAnagement), IST-1999-10193, 00-02. The specific case of the SME is finally considered.
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